$1,514 Closing Credit*
$127,500
1,056 SqFt
3 Beds
•1 Full Bath
Blaine Ritchie, Listing Office: Coldwell Banker Select Properties
Is Clay, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Clay has remained a Seller's Market.
Key Takeaway
Clay is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clay, WV
How much do homes in Clay, WV cost?
Median Sold Price
$159,000
$99/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$18,450(-10.4%)
Key Takeaway
Homes in Clay have sold for 10.4% less than they did a year ago.
Summary: The median home sold price in Clay was $159,000 in October 2024, down 10.4% from last year, and the median price per square foot was $99.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $147K | N/A |
| 2 Bedrooms | $145K | $100K | -31.0% |
| 3 Bedrooms | $168.5K | $173K | +2.7% |
| 4 Bedrooms | $155K | $208.8K | +34.8% |
| 5+ Bedrooms | $387.7K | - | N/A |
Summary: Clay housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 31%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 34.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Slate | $185K | $197K | +6.5% |
| Tygart | $135K | $140K | +3.7% |
| Mineral Wells | $208K | $198K | -4.8% |
| Clay | $177.4K | $159K | -10.4% |
Housing Supply in Clay, WV
How many homes are available in Clay, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 13 | +44.4% |
Summary: The Clay real estate market had 13 homes for sale in October 2024, a 44.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 6 | +100.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Clay housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clay, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Clay in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Clay, WV
How long does it take to sell a home in Clay, WV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 65 Days | +88.7% |
Summary: Homes in Clay had an average of 65 days on market in Oct 2024, up by 88.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Clay has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Clay; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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